According to Japan’s government advisory panel, on May 11, the panel urged the Bank of Japan to proceed cautiously with rate hikes, citing risks of deteriorating corporate financing conditions. In materials submitted to a Monday meeting of the Policy Board for Economic and Fiscal Management, the private-sector members stated the central bank should comprehensively consider financial market financing conditions and remain vigilant about price trends. The group also noted that commodity shortages and rising prices may increase corporate financing demand.
Related News
Kakao Seeks Profit-Linked Bonuses After State Mediation Filing
Senate Banking Committee Sets May 14 Markup Date for Crypto Bill
SEC Delays 24 Prediction Markets ETFs, Drawing Comparisons to Multi-Year Bitcoin ETF Approval Battle